VANECK GOLD MINERS ETF (GDX) Institutional Shareholders
VANECK GOLD MINERS ETF (GDX) is currently reported in institutional portfolios tracked by InsiderSet based on the latest available SEC Form 13F filings for the quarter ended March 31, 2026. The institutional investors covered on this page collectively reported approximately $14.02B in GDX holdings during the latest filing period.
Bank Of Montreal is currently the largest disclosed institutional shareholder of GDX tracked by InsiderSet, reporting ownership valued at approximately $2.07B in its March 31, 2026 SEC Form 13F filing. Based on current market prices and the latest disclosed share count, the position is now estimated to be worth approximately $1.67B, representing an estimated loss of -19.25% since the filing period.
The top 10 institutional shareholders tracked on this page collectively account for approximately 51% of the total disclosed GDX value among the investors covered in this analysis. Major shareholders include Bank Of Montreal, Morgan Stanley, Bank Of America Corp, and several other long-term asset managers with concentrated positions in VANECK GOLD MINERS ETF (GDX).
This page ranks the largest institutional GDX shareholders using publicly disclosed SEC Form 13F data, including reported values, estimated current holding values, portfolio allocation percentages, ownership concentration metrics, and historical holding changes across major hedge funds and investment firms.
Institutional Holders
1,129
Total Reported Value
$14.02B
Largest Holder
Bank Of Montreal
Largest Position
$2.07B
Insider Transactions (90d)
0
Latest Filing Quarter
Q2 2026
New Institutional Positions
27
Funds Exiting Positions
0
| Name | Investor/Manager | Portfolio % | Quantity | Reported Balance | Current Estimated Value | Gain/loss Since Filing | Estimated Portfolio Performance |
|---|---|---|---|---|---|---|---|
| Bank Of Montreal | 0.85% | 22,575,083 | $2,071,715,345 | $1,672,813,650 | -$398,901,695 | -19.25% | |
| Morgan Stanley | 0.06% | 11,419,856 | $1,048,000,306 | $846,211,330 | -$201,788,976 | -19.25% | |
| Bank Of America Corp | 0.06% | 8,345,307 | $765,848,834 | $618,387,249 | -$147,461,585 | -19.25% | |
| Goldman Sachs Group Inc | 0.10% | 8,179,443 | $750,627,527 | $606,096,726 | -$144,530,801 | -19.25% | |
| Ubs Group Ag | 0.12% | 7,480,051 | $686,444,280 | $554,271,779 | -$132,172,501 | -19.25% | |
| Rafferty Asset Management, Llc | 2.24% | 5,999,083 | $550,535,847 | $444,532,050 | -$106,003,797 | -19.25% | |
| Susquehanna International Group, Llp | 0.56% | 4,741,430 | $435,121,031 | $351,339,963 | -$83,781,068 | -19.25% | |
| Lpl Financial Llc | 0.08% | 3,392,021 | $311,285,773 | $251,348,756 | -$59,937,017 | -19.25% | |
| Citigroup Inc | 0.16% | 2,813,605 | $258,204,510 | $208,488,130 | -$49,716,380 | -19.25% | |
| Wells Fargo & Company/Mn | 0.05% | 2,720,226 | $249,635,179 | $201,568,747 | -$48,066,432 | -19.25% | |
| Bank Of Nova Scotia | 0.43% | 2,692,956 | $247,132,842 | $199,548,040 | -$47,584,802 | -19.25% | |
| National Bank Of Canada | 0.25% | 2,643,749 | $242,615,633 | $195,901,801 | -$46,713,832 | -19.25% | |
| Royal Bank Of Canada | 0.04% | 2,411,667 | $221,318,000 | $178,704,525 | -$42,613,475 | -19.25% | |
| Citadel Advisors Llc | 0.11% | 1,645,729 | $151,028,550 | $121,948,519 | -$29,080,031 | -19.25% | |
| Marshall Wace, Llp | 0.15% | 1,540,962 | $141,414,083 | $114,185,284 | -$27,228,799 | -19.25% | |
| Raymond James Financial Inc | 0.04% | 1,397,933 | $128,288,302 | $103,586,835 | -$24,701,467 | -19.25% | |
| Migdal Insurance & Financial Holdings Ltd. | 1.08% | 1,360,000 | $124,807,200 | $100,776,000 | -$24,031,200 | -19.25% | |
| Bnp Paribas Financial Markets | 0.08% | 1,300,443 | $119,341,654 | $96,362,826 | -$22,978,828 | -19.25% | |
| Barclays Plc | 0.04% | 1,273,662 | $116,883,963 | $94,378,354 | -$22,505,609 | -19.25% | |
| Stifel Financial Corp | 0.09% | 1,035,084 | $94,990,196 | $76,699,724 | -$18,290,472 | -19.26% | |
| Rit Capital Partners Plc | 23.59% | 962,000 | $88,253,880 | $71,284,200 | -$16,969,680 | -19.23% | |
| Omers Administration Corp | 0.55% | 925,246 | $84,872,816 | $68,560,729 | -$16,312,087 | -19.22% | |
| Menora Mivtachim Holdings Ltd. | 0.40% | 919,250 | $84,359,572 | $68,116,425 | -$16,243,147 | -19.25% | |
| Nearwater Capital Markets, Ltd | 1.96% | 904,000 | $82,960,080 | $66,986,400 | -$15,973,680 | -19.25% | |
| Ameriprise Financial Inc | 0.02% | 883,199 | $81,050,260 | $65,445,046 | -$15,605,214 | -19.25% | |
| Two Sigma Investments, Lp | 0.06% | 849,048 | $77,917,135 | $62,914,457 | -$15,002,678 | -19.25% | |
| Vanderbilt University | 10.67% | 1,030,200 | $77,728,590 | $76,337,820 | -$1,390,770 | -1.79% | |
| Federation Des Caisses Desjardins Du Quebec | 0.26% | 801,680 | $73,567,272 | $59,404,488 | -$14,162,784 | -19.25% | |
| Rockefeller Capital Management L.P. | 0.13% | 789,028 | $72,409,181 | $58,466,975 | -$13,942,206 | -19.25% | |
| Meitav Investment House Ltd | 0.49% | 958,200 | $72,296,190 | $71,002,620 | -$1,293,570 | -1.79% | |
| Lmr Partners Llp | 0.64% | 749,156 | $68,750,046 | $55,512,460 | -$13,237,586 | -19.25% | |
| Cetera Investment Advisers | 0.07% | 725,375 | $66,567,645 | $53,750,287 | -$12,817,358 | -19.25% | |
| Commonwealth Equity Services, Llc | 0.08% | 869,037 | $65,568,827 | $64,395,642 | -$1,173,185 | -1.79% | |
| Imc-Chicago, Llc | 0.97% | 697,975 | $64,053,166 | $51,719,947 | -$12,333,219 | -19.25% | |
| Jain Global Llc | 0.81% | 689,535 | $63,278,627 | $51,094,543 | -$12,184,084 | -19.25% | |
| Schonfeld Strategic Advisors Llc | 0.48% | 646,802 | $59,357,018 | $47,928,028 | -$11,428,990 | -19.25% | |
| Gts Securities Llc | 1.99% | 613,112 | $56,265,288 | $45,431,599 | -$10,833,689 | -19.25% | |
| Ws Management Lllp | 7.10% | 591,367 | $54,269,750 | $43,820,295 | -$10,449,455 | -19.25% | |
| London & Capital Asset Management Ltd | 0.59% | 590,421 | $54,168,176 | $43,750,196 | -$10,417,980 | -19.23% | |
| Nan Shan Life Insurance Co., Ltd. | 1.95% | 586,380 | $53,812,093 | $43,450,758 | -$10,361,335 | -19.25% | |
| Renaissance Technologies LLC | Jim Simons | 0.08% | 574,948 | $52,762,978 | $42,603,647 | -$10,159,331 | -19.25% |
| Schroder Investment Management Group | 0.04% | 593,831 | $50,944,762 | $44,002,877 | -$6,941,885 | -13.63% | |
| Envestnet Asset Management Inc | 0.01% | 526,056 | $48,276,119 | $38,980,750 | -$9,295,369 | -19.25% | |
| Osaic Holdings, Inc. | 0.07% | 509,148 | $46,727,729 | $37,727,867 | -$8,999,862 | -19.26% | |
| Wt Asset Management Ltd | 0.97% | 506,821 | $46,510,963 | $37,555,436 | -$8,955,527 | -19.25% | |
| Wellington Management Group Llp | 0.01% | 505,228 | $46,364,774 | $37,437,395 | -$8,927,379 | -19.25% | |
| Brevan Howard Capital Management Lp | 0.45% | 496,884 | $45,599,045 | $36,819,104 | -$8,779,941 | -19.25% | |
| Globalt Investments Llc / Ga | 1.61% | 491,235 | $45,080,622 | $36,400,514 | -$8,680,109 | -19.25% | |
| Jefferies Financial Group Inc. | 0.55% | 490,468 | $45,010,248 | $36,343,679 | -$8,666,569 | -19.25% | |
| Tidal Investments Llc | 0.14% | 489,699 | $44,909,682 | $36,286,696 | -$8,622,986 | -19.20% |
Frequently asked questions about GDX
Who owns the most GDX stock?
The largest holders of GDX are typically major institutional investors such as asset managers and hedge funds reporting on Form 13F. The table above ranks tracked superinvestors by reported position size using the latest available filings for VANECK GOLD MINERS ETF (GDX).
Is GDX widely held by superinvestors?
Many widely followed stocks like GDX appear across numerous superinvestor portfolios because of liquidity, index inclusion, and fundamentals. The holder count and table above show how broadly GDX is represented among the institutional managers we track.
What do “Current Estimated Value”, “Gain/loss Since Filing”, and “Estimated Portfolio Performance” mean?
Current Estimated Value is reported share quantity from the latest 13F times our most recent split-adjusted U.S. session close. Gain/loss Since Filing is that estimate minus the reported 13F dollar value; Estimated Portfolio Performance is that difference as a percent of the reported value. Green means the estimate is above the filing value; red means below (not purchase cost). If many filers share the same implied filing price per share, the performance % may match across rows. These are not official fund marks or live quotes.